Palace Faces UEFA Clash
Crystal Palace’s thrilling entry into European competition is overshadowed by potential disqualification threats due to emerging ownership issues.
Dual Ownership Sparks UEFA Inquiry
The core of the issue lies in John Textor’s dual ownership stakes: a significant 43% with Crystal Palace and a 77% in Lyon, both appearing in the Europa League. This setup clashes with UEFA’s commitment to ensuring unbiased tournaments, posing potential conflicts of interest.
Forest’s Formal Objection
Nottingham Forest’s previous battle with ownership rules now adds pressure on Palace’s case as they approach UEFA with concerns. Their action echoes familiar scenarios where club owners adjust stakes to align with UEFA’s strict guidelines.
Palace’s Stance in the Crossfire
Crystal Palace asserts their burgeoning success is independent of Textor’s influence. They emphasize that his stakes afford him limited sway with merely 25% voting power—well below the critical 30% marker that suggests controlling interest.
Awaiting UEFA’s Judgment
Currently embroiled in talks with UEFA, Palace is willing to reform ownership stakes to ensure Europa inclusion. They’ve made it clear they oppose hefty consequences over what they perceive as a rule misjudgment. The much-anticipated decision hangs in balance, expected by month-end.
